Whois & Analysis for nanopool.org

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.

It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.

Ethereum also provides a value token called "ether", which can be transferred between participants and is used to compensate participant nodes for computations performed.

Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request.

Zcash is a decentralized and open-source cryptocurrency developed by the Zerocoin Electric Coin Company (ZECC) that offers privacy and selective transparency of transactions.

Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

The Zcash trade symbol, ZEC, is not an official ISO 4217.

Like Bitcoin, Zcash has a fixed total supply of 21 million units.

In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to solving a block.

A "share" is awarded to members of the mining pool who present a valid proof of work that their miner solved.

Mining in pools began when the difficulty for mining increased to the point where it could take years for slower miners to generate a block.

The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.

Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralisation and scalability.

Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation.

Monero has ongoing support from the community, and its modular code architecture has been praised by Wladimir J.

van der Laan, a Bitcoin Core maintainer.

Initially meeting little popularity with the general public, Monero experienced rapid growth in market capitalization (from US$5M to US$185M) and transaction volume during the year 2016, partly due to adoption by major darknet market AlphaBay at the end of summer 2016.

Anonymity, adjective "anonymous", is derived from the Greek word ἀνωνυμία, anonymia, meaning "without a name" or "namelessness".

In colloquial use, "anonymous" is used to describe situations where the acting person's name is unknown.

Some writers have argued that namelessness, though technically correct, does not capture what is more centrally at stake in contexts of anonymity.

The important idea here is that a person be non-identifiable, unreachable, or untrackable.

Anonymity is seen as a technique, or a way of realizing, certain other values, such as privacy, or liberty.